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« Société Générale, Predictability and Overlapping Countermeasures | Main | Feds WantTo Spend $30 Billion on Security »

FBI Busts Identity Theft Botnet

The Internet Business Law Service is reporting the FBI has used federal wiretapping laws to breakup a botnet ring. A 26 year old Los Angeles resident pleaded to

four felony counts: accessing protected computers to conduct fraud, disclosing illegally intercepted electronic communications, wire fraud and bank fraud.

In the plea he admitted to a number of schemes: using spybots to intercept communications with PayPal and other sites, using malware to steal Windows passwords, and defrauding an ad company by pushing adware on unsuspecting victims.

It's not surprising he took the plea. The maximum sentence for his crimes is 60 years in federal prison and fines up to $1.75 million.

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Dan Sullivan's Bio:

Dan Sullivan is a systems architect with 20 years of IT experience that includes engagements in enterprise security, application design, and systems architecture. His experience includes a broad range of industries, including financial services, manufacturing, government, retail, gas and oil production, power generation, and education. Dan’s security-related project work has ranged from requirements analysis for enterprise information security to designing and implementing security for database applications and enterprise portals. Dan has written about information security and other enterprise information management topics for Business Security Advisor, DM Review, Intelligent Enterprise, and E-Business Advisor. You can contact Dan at: dan_sullivan@realtimepublishers.net